LOS ANGELES -- (Business Wire)
Nara Bancorp, Inc. (NASDAQ: NARA), the holding company of Nara Bank,
expressed its condolences on the passing of David Hong, a founding
director of Center Bank.
Ki Suh Park, Chairman of the Board of Directors of Nara Bancorp, spoke
on behalf of the entire company, “We had the opportunity to get to know
Mr. Hong well during the merger process and we are deeply saddened to
learn of his passing. Mr. Hong made many valuable contributions to the
Korean American community during his lifetime and he will be profoundly
missed. Our deepest sympathies go out to Mr. Hong’s family, as well as
our friends at Center Bank that have lost a valued adviser and colleague
that played an instrumental role in the growth of the bank over the past
About Nara Bancorp, Inc.
Nara Bancorp, Inc. is the parent company of Nara Bank, which was founded
in 1989. Nara Bank is a full-service community bank headquartered in Los
Angeles, with 23 branches and one loan production office in the United
States. Nara Bank operates full-service branches in California, New York
and New Jersey, and a loan production office in Texas. Nara Bank was
founded specifically to serve the needs of Korean-Americans. Presently,
Nara Bank serves a diverse group of customers mirroring its communities.
Nara Bank specializes in core business banking products for small and
medium-sized companies, with an emphasis in commercial real estate and
business lending, SBA lending and international trade financing. Nara
Bank is a member of the FDIC and is an Equal Opportunity Lender.
Investors and Financial Media:
Financial Profiles, Inc.
Rossi, 310-478-2700 x13
Source: Nara Bancorp, Inc.
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